Geneva: Minister of Commerce and Industry Piyush Goyal On Tuesday it attacked developed countries, including India, for a proposal to limit subsidies to developing and poor countries, while ensuring that they are not significantly affected by the proposed agreement. World Trade Organisation.
Indian officials said developed countries, as well as some developing countries, are providing massive subsidies to their fishermen, who often go beyond their waters to exploit the resource, resulting in widespread shortages. “I strongly feel that this outcome of the exercise being carried out now has not provided an equal opportunity to developing countries to meet the aspirations of traditional fishermen and their livelihoods.
Several million fishermen in India, about 9 million families depend on aid and assistance from the government, though very little which I have just demonstrated, for their livelihood. Any decision not to give space to small-scale and traditional fishermen to expand their capabilities will only take away their future opportunities,” Goyal said, adding that the proposal does not address India’s concerns.
India’s major concern is a long transition period – 25 years – to meet requirements, something that developed country members are unwilling to provide. Some sections of the government are of the view that India should not sign the agreement unless its concerns are met as it affects Rs 20,000 crore. PM Matsya Sampada Yojana,
Indian officials said developed countries, as well as some developing countries, are providing massive subsidies to their fishermen, who often go beyond their waters to exploit the resource, resulting in widespread shortages. “I strongly feel that this outcome of the exercise being carried out now has not provided an equal opportunity to developing countries to meet the aspirations of traditional fishermen and their livelihoods.
Several million fishermen in India, about 9 million families depend on aid and assistance from the government, though very little which I have just demonstrated, for their livelihood. Any decision not to give space to small-scale and traditional fishermen to expand their capabilities will only take away their future opportunities,” Goyal said, adding that the proposal does not address India’s concerns.
India’s major concern is a long transition period – 25 years – to meet requirements, something that developed country members are unwilling to provide. Some sections of the government are of the view that India should not sign the agreement unless its concerns are met as it affects Rs 20,000 crore. PM Matsya Sampada Yojana,